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Asking Price$850,000
Revenue$2,860,000 EstablishedUndisclosed
Cash Flow$572,000 Employees6 full, 17 part
FF&E$250,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Nightclub/lounge for sale *PRICE REDUCED* This spot is 5,000 sq. ft., with full kitchen. This is the real deal. Currently, this location is only open three nights per week- Thursday, Friday and Saturday, 10pm - 4am. They have a full liquor license and cabaret license (cannot be converted to a gentleman's club). This place caters to patrons from throughout the boroughs and LI, as well as celebrity clients and entertainers. The location offers high-end design, high-end audio, DJ booth, fully-stocked bar/table services and VIP area (11 booths with four-bottle minimum. Each bottle costs at least $200- do the quick math). They also have a fully operating kitchen with hood system. One of the cleanest kitchens you will see. It is located in an ideal area, right off a major roadway, and surrounded by dead-end streets for their valet parking service. The business averages gross sales of approx. $55,000/week from just three days. On all other nights, they host private events, but that has only been marketed on a very limited basis. Average weekly cash flow is approx. $11,000 ($572,000/annually). The business is fully-staffed with two bartenders, three bottle girls, three ****** girls, two barbacks and a chef. On Thursday, Friday and Saturday, there are 12-20 security staff workers on premises. We are seeking a serious and financially qualified buyer with at least $534,400 in liquid funds to cover the downpayment and $34,400 in rent security. Proof of funds must be provided to obtain address. To learn more, please call Mel Vaz today at 1-877-735-5224. All site visits must be discreet. Please do not mention the sale when visiting the location.
Training/Support:Seller will train buyer.
Seller Financing:$500,000.00 Down & $350K over 16 mths. @ 0%.
Sale Reason:Seller has full-time job.
Ad #101018
Seller Reference #30765
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